Skip to main content

About your Search

20130114
20130114
STATION
CNBC 2
KQED (PBS) 2
CNNW 1
KCSM (PBS) 1
KQEH (PBS) 1
LANGUAGE
Search Results 0 to 7 of about 8 (some duplicates have been removed)
CNN
Jan 14, 2013 8:00am PST
will open his news conference later today we're told with a statement on the debt ceiling and why he has said repeatedly over these past few weeks that he will not negotiate with republicans about raising the debt ceiling, as a result he says he won't negotiate, republicans say that is a bargaining chip that they have to try to cut spending to deal with the nation's deficit. we're watching what's going on at the white house, we'll have the full coverage of the news conference leading into it. we're also watching right now what's happening in newtown, connecticut. one month to the stay after that brutal massacre, you're looking now at live pictures, a news conference there, they're going to read a poem, let's listen in. >> it is a sad honor to be here today. it's been one month since i lost my son dillon and 25 other teams lost their loved ones. at times it feels like only yesterday and at other times it feels as if many years have passed. i still find myself reaching for dillon's hand to walk through a car parking lot. it's so hard to believe he's gone. at the same time i look at our com
FOX News
Jan 14, 2013 3:00pm PST
obama on the debt ceiling said he will not negotiate while republicans "hold a gun to the head of the american people." this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. president obama declares the health of the american people is not a bargaining chip. the president warns against the prospect of what he called republicans holding the economy hostage. over the debt ceiling. it was the primary focus of the last news conference of his first term. we have fox team coverage. seep your political analyst brit hume will have analysis of that event. correspondent shannon bream tells us about another big topic today. gun control. we begin with white house correspondent wendell goler on the partisan tone over the debt. good evening, wendell. >> good evening. >> bret: the party that doesn't control the white house is rarely happy about raising the debt ceiling. >> reporter: recent years a genuine threat not to do so. >> raising the nation's debt ceiling, the president told reporters is a necessity caused by spending in the past. not something to trade with congress
PBS
Jan 14, 2013 3:00pm PST
as my first term comes to an end. >> brown: the questions were dominated by the looming debt ceiling fight. the president sternly warned republicans not to balk at raising the nation's borrowing limit. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> brown: congress has until march to raise the debt ceiling and prevent a government default. most republicans have insisted that with the government facing another trillion dollar deficit this year, any increase in borrowing authority must be tied to cuts in spending. the president flatly disagreed. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the b
CNBC
Jan 14, 2013 9:00am EST
to see a default as we get closer to the debt ceiling deadline. will this put a limit on what stocks do over the next few weeks? >> i read this weekend another piece that says the social security checks aren't going to come out. they're going to come out, okay? we can go down this path and scare people. but i'm not going there. i remember when i was going to the balk last year and we had the debt ceiling. a woman said, i'm not going to get my social security check. and i said you will. she said, no, i'm not. i feel like, it's incumbent on people to say, look, maybe there's a week -- but when you say social security's not going to come out, we are not a third world -- an emerging third world nation, whatever is political to say. we can really scare people here. our job should not be to scare people. but you can scare people very easily. >> right. on the other side people are citing mutual funds, we talked about this on friday, and thursday of last week as a positive. perhaps you shouldn't, given there were so many inflows to bond funds. the s&p was up nicely last year and the year prior,
PBS
Jan 13, 2013 6:30pm PST
congress prevents it, you know creates an entirely self-inflicted shortage through the debt ceiling. how is it exactly that we're supposed to have this crisis that leads to a double dip recession? it really doesn't even make sense as a story. and yet it is one of those things that people say and by and large, are not contradicted on. >> we keep hearing from the right that we're here on the path to becoming greece, and you say that that's impossible? >> yeah. we, even if, suppose that people decided, investors decided they don't like u.s. government debt, it can't cause a funding crisis because the u.s. government prints money. it's even hard to see how it can drive up interest rates because the fed sets interest rates at the short end, and why exactly would the long run rates go up if you don't expect the fed to raise rates? it could lead to a weakening of the u.s. dollar against other currencies. but that's actually a good thing. that would make u.s. exports more competitive. that would actually boost our economy. so it's, actually impossible to tell that story, as far as i can tell. an
CNBC
Jan 14, 2013 6:00am EST
in congress over raising the debt ceiling. the fed coming to the same conclusion that the idea behind the platinum coin was that the treasury would mint a core or coins for precious metal and the value would be based at $1 trillion. the united states is expected to reach its debt limit of $16.4 million last month. >> how many -- >> and it would have created sh -- there's the idea of used the 14th amendment to say that you have to pay your debts. but it would have created huge problems for the democrats as a way of just saying, you can make up any kind of mope. >> no. but a lot of people said if one side is going to play hard ball,ing. >> they would have been tide up in reports forever. >> there is a provision for it. easily done. i wanted one. that's a lottery you want to win, that coin. >> a printing press, right? >> a trillion dollar coin. >> i could never spend that much money. it would be impossible. >> ever see brewster's manage? >> i know of it. >> i don't remember. i remember -- >> why you wouldn't keep it. >> richard pryor was in it. >> very difficult. >> the debt ceiling is s
Search Results 0 to 7 of about 8 (some duplicates have been removed)